195 Lancaster Street, Kitchener, ON
Property no longer active
This property was sold on June 4, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $619,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 58.89 x 85.59 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned, Accessory Apartment, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Highly Unique and Stylish Side-by-Side Duplex in Prime Downtown Location! An incredible opportunity awaits with this fully renovated, side-by-side duplex - offering versatility, income potential, and unbeatable location. This property features two separate units: a spacious 4-bedroom, 2-bathroom unit and a modern 1-bedroom, 1-bathroom unit - ideal for multigenerational living, house hacking, or investment. Extensive interior, exterior, and mechanical renovations have been completed with care, giving this property a fresh, contemporary appeal while ensuring long-term durability. The double-width driveway and detached garage provide ample parking, a rare find in such a central location. Live in the beautifully updated 4-bedroom home and let the income from the 1-bedroom unit cover your downtown living costs. Or, for savvy investors, take advantage of the the excellent Cap Rat - a true gem in today's market. Situated in a vibrant and walkable neighbourhood, just steps from the bus route, LRT, tech hub, and all of downtowns amenities, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to live mortgage-free, generate strong cash flow, or secure a turnkey investment in a high-demand area - this unique duplex checks all the boxes. Don't miss your chance to own a one-of-a-kind opportunity in the heart of it all, book your showing today!
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Property Summary
This duplex located at 195 Lancaster Street, Kitchener is currently for sale and has been available on SousaSells for 469 days. This property is listed at $619,900 with an estimated mortgage of $2,063* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 195 Lancaster Street, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •5 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
- Accessory Apartment
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 195 Lancaster Street, Kitchener, ON
Q.What is the asking price for 195 Lancaster Street, Kitchener, ON ?
The current listing price for 195 Lancaster Street, Kitchener, ON in Kitchener is $619,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 195 Lancaster Street, Kitchener, ON ?
195 Lancaster Street, Kitchener, ON is a Duplex (2-Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned, Accessory Apartment, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 195 Lancaster Street E, Kitchener, ON N2H 1M9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $619,900 in Kitchener, the legal minimum down payment is $36,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,873 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,873.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.